The Deposit Guarantee Fund will put the assets of five Ukrainian banks up for sale for nearly ₴14 billion
From May 18 to 22, the Deposit Guarantee Fund plans to sell off the assets of five Ukrainian banks through the Prozorro system. The total starting price for all lots is 13.9 billion hryvnia.
This was reported by the DGF.
The Fund emphasizes that the proceeds from the sale of assets will be used to settle debts with the banks’ creditors.
Which banks are up for sale
▪️ Prominvestbank JSC — starting price of UAH 13.6152 billion. Loan receivables are being sold.
▪️ MR Bank JSC — starting price of UAH 200.7 million. The lot also consists of loan claims.
▪️ Delta Bank JSC — starting price of UAH 0.05 million. Fixed assets are being sold.
▪️ JSC “Megabank” — starting price of UAH 0.1 million. Fixed assets are being sold.
▪️ JSC “Bank Sich” — total lot value of UAH 53.8 million, of which UAH 47.8 million consists of loan claims and UAH 6 million consists of fixed assets.
Bank Sich was declared insolvent in August 2022, and its liquidation began in October of that year. The decision was made by the National Bank of Ukraine due to the bank’s failure to fulfill its obligations to the regulator regarding refinancing loans.
The Deposit Guarantee Fund also announced the completion of the liquidation of “AKB Concord.” The bank officially ceased to exist after its license was revoked in 2023. Its share in the banking system was only 0.17%, so the liquidation did not affect the sector’s stability.
Earlier, the State Service of Geology and Subsoil of Ukraine announced an auction for the sale of a special permit to use the Lysovychi hydrocarbon field, located in the Lviv and Ivano-Frankivsk regions.
As a reminder, the state-owned banks Oschadbank and Ukreximbank plan to sell the Kyiv-based Gulliver shopping mall through an auction.
Meanwhile, the Black Sea Sea Port held Ukraine’s first auction for the sale of transshipment services via the Prozorro.Sales system.
